March 22 (Reuters) - Ibuynew Group Ltd (IBN) :
- Mark mendel rotates from ceo role to new position as head of strategy
- Alex caraco appointed as ceo
- Cost reduction plan initiated, expected to deliver c.$700k annualised net saving from 1-jul-17
- Illustrative sales scenario of 240 units, and planned reduction in overhead costs, would result in ebitda breakeven in fy 2018
- Andrew jensen will transition from executive director to non-executive director
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- News: IBN Ibuynew Group says appoints Alex Caraco as CEO
News: IBN Ibuynew Group says appoints Alex Caraco as CEO
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